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Bullboard - Stock Discussion Forum Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.

TSX:FIRE - Post Discussion

Supreme Cannabis Company Inc. (The) > Will FIRE reach $2 today?
View:
Post by theTransporter on Feb 21, 2019 10:11am

Will FIRE reach $2 today?

Most likely NO.

No love for this stock as management is incapable of bringing the buyers to the table.  

CRON executives know how to bring in the buyers!!  They managed to get a $5.5B valuation with their measily $3.7M revenue along with their $7.2M net loss!!

FIRE can't even get to $600M valuation with their $7.7M revenue and only $1.55M net loss.  Management is a bunch of rookies when it comes to running a publicly traded company that produces results for shareholders.
Comment by theTransporter on Feb 21, 2019 10:12am
CRON up another 3% so far today while FIRE sits in the red. Piece of sh1t stock.
Comment by MaxTMaxT on Feb 21, 2019 10:30am
Probably...up .11 yesterday..retraced.02 in early morning trading...whats with all the panic and negativism  !
Comment by Tomharley on Feb 21, 2019 10:31am
Cron is tied to states. The real market winners are tied to states. Canadian market has extreme problems. Black market is striving more then ever.
Comment by Gilbert90 on Feb 21, 2019 10:26am
@ theTransporter :  I suspect you bought a bunch of FIRE's shares over 2,20$  Am I right??? ;-)
Comment by theTransporter on Feb 21, 2019 10:31am
Take your $2.20 eastimate and divide it by 10 whcih will give you approx my avarege cost basis.
Comment by Gilbert90 on Feb 21, 2019 10:43am
@ theTransporter :  So why not selling and go invest in another stock???  By wthe way, you would be less moody.  You know well that if you would have sold FIRE a month ago and jump in CRONOS you would have make a bundle.  BUT It seem to me you didn't do it and know instaead of being mad at you having miss the CRONOS opportunity you are mad at FIRE's managers. Sorry to ...more  
Comment by theTransporter on Feb 21, 2019 10:58am
Guys like you wear rose coloured glasses thinking everything is perfect here. I'm a realist and call things out as they are.  I'm a longterm investor and more of a traditional type investor that invests in good fundamentals vs. hype.  My frustration is when all that goes out the window and companies move and get valuations on lack of numbers and fundamentals, and companies like ...more  
Comment by Gilbert90 on Feb 21, 2019 11:01am
Thetransporter :  ...BTW.. Why do you always post with the "@" symbol whcih causes everything you type to be one massive hyperlink screwing over the format of the page.... You are the first one to tell me that.  the arobase sign in french means ''to...''   I will try to stop doing it.
Comment by Southybird on Feb 21, 2019 11:15am
I agree with the CEO point, the current leadership is not getting it done from an institutional perspective, hence our current SP. That being said it doesn’t mean there arent a lot of things going on behind the scenes that we dont know about. I don’t think FIRE is interested in getting into bed with Tobacco and alcohol, but the support in those investments clearly propelled WEED and CRONs share ...more